Option A is incorrect because money multiple ignores the timing of cash flows.
Option B is correct because IRR calculation involves two assumptions. 1st- Intermediate cash flows invested at the same IRR rate. 2nd- Any project would require the same amount of investment and based on this itself the project with the highest IRR is considered to be the best one.
Option C is incorrect because PE fund shows high volatility.
Please refer.
Option A is incorrect because money multiple ignores the timing of cash flows.
Option B is correct because IRR calculation involves two assumptions. 1st- Intermediate cash flows invested at the same IRR rate. 2nd- Any project would require the same amount of investment and based on this itself the project with the highest IRR is considered to be the best one.
Option C is incorrect because PE fund shows high volatility.